LASE vs. CONL
LASE (Laser Photonics Corporation) is a stock, while CONL (GraniteShares 2x Long COIN Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past 3 years, LASE returned -28.58%/yr vs -35.39%/yr for CONL. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
LASE vs. CONL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LASE achieves a -60.32% return, which is significantly higher than CONL's -72.70% return.
LASE
- 1D
- 0.00%
- 1M
- -30.00%
- 6M
- -49.48%
- YTD
- -60.32%
- 1Y
- -63.43%
- 3Y*
- -28.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.63%
CONL
- 1D
- -21.10%
- 1M
- -25.93%
- 6M
- -61.90%
- YTD
- -72.70%
- 1Y
- -88.50%
- 3Y*
- -35.39%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -35.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $93.31M | $92.00M | $129.00M | |
| $5.58M | $4.08M | $36.75M |
LASE vs. CONL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LASE Laser Photonics Corporation | -60.32% | -57.27% | 389.83% | -42.16% | -59.20% |
CONL GraniteShares 2x Long COIN Daily ETF | -72.70% | -58.49% | 4.23% | 641.63% | -61.47% |
Correlation
The correlation between LASE and CONL is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022 | 0.18 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LASE vs. CONL — Risk / Return Rank
LASE
CONL
LASE vs. CONL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Laser Photonics Corporation (LASE) and GraniteShares 2x Long COIN Daily ETF (CONL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LASE | CONL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.82 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -1.01 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.96 | -1.36 | +0.40 |
Loading charts...
Drawdowns
LASE vs. CONL - Drawdown Comparison
The maximum LASE drawdown since its inception was -96.80%, roughly equal to the maximum CONL drawdown of -95.30%. Use the drawdown chart below to compare losses from any high point for LASE and CONL.
Loading charts...
Drawdown Indicators
| LASE | CONL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.80% | -95.30% | -1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -90.76% | -91.79% | +1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -96.80% | -95.30% | -1.50% |
Current DrawdownCurrent decline from peak | -94.79% | -95.30% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -71.46% | -57.47% | -13.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 67.55% | 70.40% | -2.85% |
Volatility
LASE vs. CONL - Volatility Comparison
The current volatility for Laser Photonics Corporation (LASE) is 34.45%, while GraniteShares 2x Long COIN Daily ETF (CONL) has a volatility of 40.73%. This indicates that LASE experiences smaller price fluctuations and is considered to be less risky than CONL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LASE | CONL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.45% | 40.73% | -6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 149.96% | 108.93% | +41.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 234.89% | 138.25% | +96.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 185.23% | 149.42% | +35.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 185.23% | 149.42% | +35.81% |
Dividends
LASE vs. CONL - Dividend Comparison
Neither LASE nor CONL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CONL GraniteShares 2x Long COIN Daily ETF | 0.00% | 0.00% | 0.31% |
LASE Laser Photonics Corporation | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LASE and CONL have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CONL has higher volatility (40.73%) compared to LASE (34.45%). In terms of maximum drawdown, LASE dropped -96.80% vs CONL's -95.30%.
LASE currently has the higher Sharpe Ratio (-0.28 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LASE and CONL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer